Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.

To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...

It can make a lot of sense to lock in a mortgage rate now that rates are sitting at a two-year low. /iStockphoto . For the ...

A mortgage broker has revealed the four financial behaviours aspiring homeowners need to avoid if they want to buy a property ...

A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...

In early August, refinance applications were up nearly 60% versus the same period a year earlier, according to the Mortgage ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...

The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early ...

If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...

Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.

People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...